Page 229 - Kolte Patil AR 2019-20

Notes forming part of the Consolidated Financial Statements

Year ended March Year ended March
Type of Transactions Particulars
31, 2020 31, 2019
Advance received for sale of residential properties # # Gopal Sarda - 47
Advance received for sale of commercial properties # Kolte-Patil Family Ventures LLP 645 -
Expenditure on Purchase of raw material Skroman Technologies Private Limited 3 -
Reimbursements Imagination Interior decorators LLP 0 -
Expenditure on Cost of services, construction and Imagination Interior decorators LLP 75 -
land Other
construction expenses Kolte-Patil Infratech Private Limited 1,668 -
Expenditure related to employee welfare NYP Healthcare Ventures LLP 30 -
Expenditure on rent of properties Kolte-Patil Family Ventures LLP 251 -
Consultancy fee Kori Design House LLP 12 -
Rental income KP-Rubika Eduservices Private Limited 25 -
Rental income Anisha Education Society 69 69

# Kolte-Patil Family Ventures LLP entered an agreement with the company for purchase of properties in City Bay Project on March 31,2020
whose agreement value is ` 1,800 Lakhs.

# # Gopal Sarda have entered into an agreement with the company to purchase of properties in Jai Vijay Project on March 31, 2017 whose
agreement value is ` 175 Lakhs.
*Remuneration to Key managerial Personnel

(H in Lakhs)
Particulars Short Term Benefits Post-Employment Long-term Employee Perquisite value of
Benefits benefits Employee Stock options/
Rent Free Accomodation
194 6 - -
Rajesh Patil
(94) (6) (-) (-)
194 6 - -
Naresh Patil
(94) (6) (-) (-)
194 6 - -
Milind Kolte
(94) (6) (-) (-)
455 22 - 11
Gopal Sarda
(436) (-) (-) (11)
139 - - -
Atul Bohra
(95) (-) (-) (-)
48 - - -
Vinod Patil
(39) (-) (-) (-)
37 3 - 6
Nirmal Kolte
(28) (2) (-) (5)
33 2 - -
Yashvardhan Patil
(17) (1) (-) (-)
18 - - -
Harshavardhan Patil
(18) (-) (-) (-)
* doesn’t include the provision for Gratuity and Leave Encashment as these are provided at the company level.
Previous year figures are in Brackets.

Annual Report 2019-20 | 227